Advanced Micro Devices (NASDAQ:AMD) Trading Up 3.5% After Analyst Upgrade

Advanced Micro Devices, Inc. (NASDAQ:AMD)’s share price was up 3.5% during mid-day trading on Tuesday after Stifel Nicolaus raised their price target on the stock from $280.00 to $320.00. Stifel Nicolaus currently has a buy rating on the stock. Advanced Micro Devices traded as high as $286.20 and last traded at $284.49. Approximately 38,640,308 shares traded hands during trading, an increase of 3% from the average daily volume of 37,521,766 shares. The stock had previously closed at $274.95.

Several other research analysts also recently commented on the company. The Goldman Sachs Group lifted their target price on Advanced Micro Devices from $210.00 to $240.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 25th. Evercore reiterated an “outperform” rating and set a $358.00 target price on shares of Advanced Micro Devices in a research note on Tuesday, February 24th. Wall Street Zen upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating in a research note on Monday, January 26th. Piper Sandler reiterated an “overweight” rating on shares of Advanced Micro Devices in a research note on Wednesday, February 25th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Advanced Micro Devices in a research note on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, Advanced Micro Devices currently has an average rating of “Moderate Buy” and an average target price of $292.14.

Insider Transactions at Advanced Micro Devices

In related news, EVP Paul Darren Grasby sold 7,500 shares of Advanced Micro Devices stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $204.87, for a total transaction of $1,536,525.00. Following the completion of the sale, the executive vice president directly owned 129,598 shares of the company’s stock, valued at approximately $26,550,742.26. This trade represents a 5.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the firm’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $216.81, for a total value of $4,216,954.50. Following the transaction, the executive vice president owned 289,098 shares in the company, valued at approximately $62,679,337.38. This trade represents a 6.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 273,352 shares of company stock valued at $59,173,070. 0.50% of the stock is currently owned by company insiders.

Key Advanced Micro Devices News

Here are the key news stories impacting Advanced Micro Devices this week:

• Positive Sentiment: Stifel raised its price target to $320 and maintained a Buy rating, signaling stronger analyst conviction that AI infrastructure demand will keep driving revenue and multiple expansion. Stifel Raises AMD Target to $320
• Positive Sentiment: A top Wall Street analyst boosted their price target for AMD, supporting buying interest and contributing to intraday gains. A Top Wall Street Analyst Just Boosted Their Price Target for AMD Stock
• Positive Sentiment: Benzinga highlights that AI compute demand continues to outpace supply, citing AMD as a primary beneficiary and noting bullish technicals ahead of AMD’s May 5 earnings. That narrative is driving momentum flows into the shares. AMD Stock Surges: Why AI Demand Is Fueling A Massive Run
• Positive Sentiment: Coverage pieces (Barchart, The Motley Fool/others) position AMD as the “second chance” to capture AI gains after Nvidia, reinforcing rotation into AMD shares from investors seeking AI exposure beyond NVIDIA. Missed Nvidia? AMD Could Be Your Second Chance
• Positive Sentiment: Seeking Alpha pieces setting higher targets ($300+) and long-term bull arguments add to the narrative of upside if AMD continues to capture AI accelerator share. AMD Stock: My $300 Target Is Close
• Neutral Sentiment: Zacks and other research notes reiterate AMD’s strong earnings growth and trend-following appeal, useful for momentum investors but not an immediate catalyst by itself. Earnings Growth & Price Strength Make AMD a Stock to Watch
• Neutral Sentiment: Coverage on the broader chip sector and competitor moves (Cerebras, Intel, Nvidia) underscores competitive dynamics in AI accelerators — important context for long-term thesis but mixed near-term impact. Cerebras and Other Nvidia Rivals Just Made Key Moves
• Negative Sentiment: Insider sales by AMD executives (multi-million-dollar sales disclosed) can create short-term selling pressure or signal opportunity-taking at current levels. EVP Sells $7.45M in Stock
• Negative Sentiment: Some analysts/writers warn against chasing the rally and one downgrade advised caution, which could temper momentum if earnings or guidance disappoint. AMD: Don’t Chase Now

Hedge Funds Weigh In On Advanced Micro Devices

Hedge funds have recently added to or reduced their stakes in the stock. Joseph Group Capital Management acquired a new stake in shares of Advanced Micro Devices in the 4th quarter valued at $25,000. ORG Wealth Partners LLC raised its holdings in shares of Advanced Micro Devices by 39.7% in the 3rd quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock worth $26,000 after acquiring an additional 46 shares during the last quarter. Koesten Hirschmann & Crabtree INC. raised its holdings in shares of Advanced Micro Devices by 61.0% in the 3rd quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock worth $26,000 after acquiring an additional 61 shares during the last quarter. Sarver Vrooman Wealth Advisors acquired a new stake in shares of Advanced Micro Devices in the 4th quarter worth about $27,000. Finally, Cornerstone Financial Management LLC acquired a new stake in shares of Advanced Micro Devices in the 4th quarter worth about $27,000. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Stock Up 3.5%

The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.01 and a current ratio of 2.85. The company has a market cap of $463.82 billion, a price-to-earnings ratio of 107.35, a price-to-earnings-growth ratio of 1.00 and a beta of 1.96. The stock’s fifty day moving average is $215.21 and its two-hundred day moving average is $222.95.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.21. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The company had revenue of $10.27 billion for the quarter, compared to analyst estimates of $9.65 billion. During the same quarter in the prior year, the business posted $1.09 EPS. The firm’s revenue was up 34.1% compared to the same quarter last year. Sell-side analysts predict that Advanced Micro Devices, Inc. will post 5.75 earnings per share for the current fiscal year.

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.

Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.